Mistral AI Buys Koyeb in First Acquisition to Back Its Cloud Ambitions

Mistral AI has agreed to buy Koyeb, a Paris-based startup that simplifies AI app deployment at scale and manages the infrastructure behind it.

The acquisition is a significant move for Mistral AI, which is looking to expand its cloud ambitions. Koyeb's technology will help Mistral AI to provide a more comprehensive cloud platform for its customers.

The terms of the deal were not disclosed, but it is expected to be completed in the coming weeks.

Mistral AI is a French AI startup that has been gaining traction in recent years. It has developed a range of AI-powered tools and services, including a cloud-based platform for deploying and managing AI models.

Koyeb, on the other hand, is a startup that specializes in AI app deployment and infrastructure management. Its technology is designed to make it easier for developers to deploy and manage AI models in the cloud.

The acquisition is a significant vote of confidence in Koyeb's technology and its potential to help Mistral AI to achieve its cloud ambitions.

Sources

[9] Mistral AI buys Koyeb in first acquisition to back its cloud ambitions